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  • newScuffles break out, tear gas fired at end of G7 protest
    GIARDINI NAXOS, Italy (Reuters) - A group of protesters sought to break through a police cordon at the end of a protest march against world leaders meeting on the island of Sicily on Saturday, scuffling with security forces, who fired tear gas to disperse them.
    - 5 hours ago, 27 May 17, 11:50pm -
  • newReliance Communications hit by Indian mobile price war
    MUMBAI (Reuters) - Indian mobile phone network operator Reliance Communications Ltd posted its second straight quarterly loss on Saturday, hit by the price war which has broken out in the world's second-biggest mobile market by number of users.
    - 5 hours ago, 27 May 17, 11:34pm -
  • newFairfax Financial to sell 12.2 percent of ICICI Lombard
    MUMBAI (Reuters) - Canada's Fairfax Financial Holdings plans to sell a 12.2 percent stake in its Indian joint venture insurer ICICI Lombard in a deal that will value the company at 203 billion rupees ($3.15 billion), the Indian company said on Saturday.
    - 5 hours ago, 27 May 17, 11:00pm -
  • newSaab hopeful Croatia will enter market for fighter jets
    BRATISLAVA (Reuters) - Sweden's Saab is hopeful that Croatia could enter the market for fighter jets sooner rather than later, opening up another sales prospect for its Gripen aircraft, a company executive said on Saturday.
    - 9 hours ago, 27 May 17, 7:33pm -
  • newU.S. backs call for fight against protectionism in G7 communique - source
    TAORMINA, Italy (Reuters) - U.S. President Donald Trump has agreed to include a pledge to fight trade protectionism in a final communique due to be released later on Saturday at the end of a summit of Group of Seven leaders, a G7 source said.
    - 13 hours ago, 27 May 17, 3:34pm -
  • newTrade and Russia unresolved issues in G7 communique - source
    TAORMINA, Italy (Reuters) - Group of Seven (G7) leaders have still not agreed to joint language on the issues of trade and Russia, a G7 source said, hours before their final communique is due to be published.
    - 13 hours ago, 27 May 17, 3:19pm -
  • newAs premier heads to Europe, China says resolute about opening its market
    BEIJING (Reuters) - China is determined to open its market and is positive about promoting talks on a China-EU investment agreement, a senior Chinese official said on Saturday ahead of Premier Li Keqiang's visit to Brussels for a summit with the European Union.
    - 13 hours ago, 27 May 17, 3:11pm -
  • newAdani has to pay royalties in full for coal mine - Australia state premier
    SYDNEY (Reuters) - Adani Enterprises will get no exemption or discounted rates on royalties it has to pay to develop its Carmichael coal mine project in Australia, Queensland state Premier Annastacia Palaszczuk said on Saturday.
    - 15 hours ago, 27 May 17, 1:14pm -
  • Tech Mahindra Q4 profit dives 33 percent on weak margins
    BANGALORE/MUMBAI (Reuters) - Tech Mahindra Ltd, India's fifth-largest software service provider, posted a lower-than-expected fourth-quarter consolidated profit on Friday, weighed down by weak margins and higher cost of services.
    - 1 day ago, 26 May 17, 6:49pm -
  • Government to hire five banks for up to $993 million IOC share sale
    MUMBAI (Reuters) - The government is set to hire Citigroup, Deutsche Bank, Goldman Sachs, ICICI Securities and SBI Capital for a 3 percent stake sale in Indian Oil Corp that could raise as much as 64 billion rupees ($993 million), IFR, a Thomson Reuters publication, reported on Friday.
    - 1 day ago, 26 May 17, 5:27pm -

Live Mint

Live Mint - Companies

Google: India Business News

  • newGovernment to step up mergers in PSU banks: Arun Jaitley - Times of India

    Government to step up mergers in PSU banks: Arun Jaitley - Times of India

    Times of IndiaGovernment to step up mergers in PSU banks: Arun JaitleyTimes of IndiaNEW DELHI: The Centre will pursue more mergers in the state-run banking space as the aim is to have a handful of strong and bigger banks of international level, finance minister Arun Jaitley has said. "Today banking is not what it used to be 10-20 ...Open to strategic investor in Air India: Finance Minister Arun JaitleyEconomic TimesGovernment Mulling Exiting Air India: Finance Minister Arun JaitleyNDTVCommission…
    - 56 mins ago, 28 May 17, 3:33am -
  • newOla's e-vehicles yet to hit roads - Times of India

    Ola's e-vehicles yet to hit roads - Times of India

    FirstpostOla's e-vehicles yet to hit roadsTimes of IndiaNagpur: Even though Ola's electric vehicles were launched at the hands of union transport minister Nitin Gadkari and chief minister Devendra Fadnavis with great fanfare on Friday, not a single vehicle was plying on city roads on Saturday. Nagpur is the ...Nagpur becomes first city with electric mass mobility systemThe Indian ExpressMahindra And Ola To Power India's First Electric Mass Mobility EcosystemNDTVAuto.comOla, Mahindra come on boar…
    - 2 hours ago, 28 May 17, 2:55am -
  • newEPFO meeting: CBT gives nod to increase investment in ETFs to 15 per cent - The Indian Express

    EPFO meeting: CBT gives nod to increase investment in ETFs to 15 per cent - The Indian Express

    The Indian ExpressEPFO meeting: CBT gives nod to increase investment in ETFs to 15 per centThe Indian ExpressThe retirement fund body, EPFO, had entered the stock market by investing 5 per cent of its investible deposits in August 2015, which was raised to 10 per cent last year. 0. Shares. Facebook · Twitter · Google Plus · Whatsapp. Written by Aanchal ...EPFO gives nod to hike in stock investment to 15 per centEconomic TimesEPFO to invest over Rs18,000 crore in equity this fiscalLivemintEPFO…
    - 2 hours ago, 28 May 17, 2:47am -
  • newBritish Airways outage creates London travel chaos; power issue blamed - Economic Times

    British Airways outage creates London travel chaos; power issue blamed - Economic Times

    Economic TimesBritish Airways outage creates London travel chaos; power issue blamedEconomic TimesLONDON: British Airways canceled all flights from London's Heathrow and Gatwick airports on Saturday as a global IT failure upended the travel plans of tens of thousands of people on a busy U.K. holiday weekend. The airline said it was suffering a ...British Airways flights to and from Chennai, Hyderabad and Bengaluru cancelled after IT failureTimes of IndiaGlitch havoc in BACalcutta TelegraphBritis…
    - 3 hours ago, 28 May 17, 1:38am -
  • newTejas Express: 337 headphones stolen so far; Railways to provide cheaper ones - Hindustan Times

    Tejas Express: 337 headphones stolen so far; Railways to provide cheaper ones - Hindustan Times

    Hindustan TimesTejas Express: 337 headphones stolen so far; Railways to provide cheaper onesHindustan TimesHowever, after the first trip itself, the train came back with fewer headphones, damaged infotainment screens and waste strewn all over. (HT). A total of 337 headphones distributed to passengers for the entertainment systems on-board the Mumbai-Goa ...Tejas Express now under Clean My Coach scannerThe Asian AgeTejas Express' first trip: Passengers steal headphones, scratch LCD monitorsEconom…
    - 3 hours ago, 28 May 17, 1:07am -
  • newFairfax sells 12.18% stake in ICICI Lombard General Insurance - Livemint

    Fairfax sells 12.18% stake in ICICI Lombard General Insurance - Livemint

    LivemintFairfax sells 12.18% stake in ICICI Lombard General InsuranceLivemintICICI Lombard is a joint venture between ICICI Bank Ltd and Fairfax Financial Holdings Ltd. Photo: Pradeep Gaur/Mint. Mumbai: Canadian billionaire Prem Watsa's Fairfax Financial Holdings Ltd on Saturday sold 12.18% of its stake in general insurance ...Fairfax to sell 12% in ICICI Lombard for Rs 2500 croreTimes of IndiaFairfax Financial to sell 12.2 percent of ICICI LombardBusiness StandardFairfax reduces stake in ICICI…
    - 6 hours ago, 27 May 17, 10:22pm -
  • newReliance Communications' Q4 net loss widens sharply, posts 1st ever annual loss as Jio free offers hurt - Economic Times

    Reliance Communications' Q4 net loss widens sharply, posts 1st ever annual loss as Jio free offers hurt - Economic Times

    Economic TimesReliance Communications' Q4 net loss widens sharply, posts 1st ever annual loss as Jio free offers hurtEconomic TimesMUMBAI: Impacted by Reliance Jio's free offers and disruptive pricing in the telecom industry, Anil Ambani owned Reliance Communications posted its first year loss since its inception of Rs 1285 crore for fiscal gone by compared to a net profit of Rs ...Reliance Communications' Q4 loss at Rs948 crore on disruptive pricing, competitionLivemintRCOM's Q4 consolidated re…
    - 7 hours ago, 27 May 17, 9:40pm -
  • newAdani Power plunges into red with Rs 4960 cr Q4 loss over adverse SC order - Business Standard

    Adani Power plunges into red with Rs 4960 cr Q4 loss over adverse SC order - Business Standard

    Business StandardAdani Power plunges into red with Rs 4960 cr Q4 loss over adverse SC orderBusiness StandardNon-recognition of compensatory tariff (CT) for its Mundra plant following the Supreme Court judgement has seen Adani Power Ltd (APL) post a standalone net loss of Rs 4,689.83 crore for the fourth quarter ended March 31, 2017. As against this, the ...Adani Power's consolidated Q4 net loss at Rs 4960.53 croreEconomic TimesAdani Power's Q4 loss widens to Rs4,960 crore after SC decision on c…
    - 9 hours ago, 27 May 17, 7:06pm -
  • newSun Pharma warns that sales could decline next year - Financial Express

    Sun Pharma warns that sales could decline next year - Financial Express

    Financial ExpressSun Pharma warns that sales could decline next yearFinancial ExpressSun Pharmaceutical Industries Ltd., India's largest drugmaker, warned investors that sales could decline in the coming year amid downward pressure on generic-drug prices in the U.S. and regulatory issues at one of its biggest factories. By: Bloomberg ...Sun Pharma's 2018 sales may fall as US market gets tougherDeccan HeraldSun Pharma Q4 dips 14% on pricing pressure in USDaily News & AnalysisSignificant price er…
    - 10 hours ago, 27 May 17, 6:46pm -
  • Taj boss Rakesh Sarna quits after ghost of sexual harassment haunted stint - Economic Times

    Taj boss Rakesh Sarna quits after ghost of sexual harassment haunted stint - Economic Times

    Economic TimesTaj boss Rakesh Sarna quits after ghost of sexual harassment haunted stintEconomic TimesMUMBAI: Tata Group hospitality firm Indian Hotels Co. Ltd. said managing director Rakesh Sarna has resigned, citing personal reasons, ending a tenure that was dogged by the shadow of a two-year-old sexual harassment complaint. Sarna, who was recently ...Tatas look for new CEO for TajThe HinduMistry's appointee Sarna checks out of TajTimes of IndiaTaj Group of hotels head Rakesh Sarna resigns as…
    - 1 day ago, 27 May 17, 12:59am -

Yahoo! World Business

  • L.L. Bean rebuffs boycott over granddaughter’s big Trump donation

    L.L. Bean rebuffs boycott over granddaughter’s big Trump donation

    A man wipes off the headlights of the L.L. Bean Bootmobile in the parking lot at the facility where the famous outdoor boot is made. L.L. Bean is pushing back against a boycott led by a group urging consumers not to shop at retailers that support President-elect Donald Trump after it was revealed that Linda Bean, heir of the Maine-based company’s founder, had donated to a political action committee that helped elect Trump. “We are deeply troubled by the portrayal of L.L. Bean as a supporte…
    - 10 Jan 17, 10:16pm -
  • Union leader who says Trump lied about Carrier deal refuses to back down

    Union leader who says Trump lied about Carrier deal refuses to back down

    Trump tours a Carrier factory in Indianapolis, Dec. 1, 2016. Chuck Jones, the union leader who claims President-elect Donald Trump lied to Carrier employees while touting a deal to keep jobs in the U.S., says he started receiving harassing phone calls a half hour after Trump slammed him on Twitter. “I’ve been doing this job for 30 years,” Jones, president of the United Steelworkers Local 1999, told CNN on Thursday morning.
    - 8 Dec 16, 8:17pm -
  • Working, eating and sleeping at the office

    Working, eating and sleeping at the office

    The sight of workers sleeping on the job is common in China, where a surplus of cheap labor can lead to downtime and employees at startup companies work long hours.
    - 11 May 16, 11:09pm -
  • Obama seeks ‘irreversible’ opening to Cuba

    Obama seeks ‘irreversible’ opening to Cuba

    This story is part of a weeklong Yahoo series marking one year since the opening of relations between the United States and Cuba.
    - 15 Dec 15, 8:59am -

Yahoo! India Business

  • S&P tops $20 trillion as 'Trump trade' roars back to life

    S&P tops $20 trillion as 'Trump trade' roars back to life

    The main U.S. stock indexes hit record intraday highs on Monday, with the S&P 500 topping $20 trillion in combined market-capitalization for the first time ever, as the "Trump trade" jump-started on renewed optimism about the economy. President Donald Trump vowed last week to make a major tax announcement in the next few weeks, rekindling a rally that has stalled amid concerns over Trump's protectionist stance and lack of clarity on policy reforms. The S&P has surged 8.3 percent since Trump's No…
    - 13 Feb 17, 9:57pm -
  • Ratings for 2017 Grammys on par with last year

    Ratings for 2017 Grammys on par with last year

    (Reuters) - CBS Corp’s airing of the 59th Annual Grammy Awards drew a 16.0 overnight rating on Sunday night, down slightly from last year, according to Nielsen data. Last year’s Grammys show, which aired on a Monday night, drew a 16.1 overnight rating, translating to nearly 25 million viewers.
    - 13 Feb 17, 9:01pm -
  • Wall Street set to extend record run as "Trump trade" rekindles

    Wall Street set to extend record run as "Trump trade" rekindles

    U.S. stocks looked set to open higher on Monday as the so-called "Trump trade", which sent Wall Street to record highs last week, looked set to pick up speed after a brief lull. The three main U.S. stock indexes closed at record highs on Thursday and Friday as optimism about the economy rose after President Donald Trump vowed to make a major tax announcement in the next few weeks. The S&P 500 has surged 8.3 percent since Trump's Nov. 8 election, fueled by expectations he will lower corporate tax…
    - 13 Feb 17, 7:14pm -
  • Global stocks on the march as "Trump trades" bounce back

    Global stocks on the march as "Trump trades" bounce back

    By Jamie McGeever LONDON (Reuters) - World stocks and bond yields rose on Monday, lifted by a re-emergence of so-called "Trump trades" as investors bet that the U.S. president's tax reform plans will boost economic growth and corporate profits. The Japanese yen was the biggest underperformer among major currencies, as is typical when riskier assets such as stocks are doing well. Investors were also comforted by the two-day U.S.-Japan summit held over the weekend apparently having ended smoothly…
    - 13 Feb 17, 6:10pm -
  • Dutch brewer Heineken acquires Brasil Kirin Holding for $704 million

    Dutch brewer Heineken acquires Brasil Kirin Holding for $704 million

    Dutch brewer Heineken said on Monday that it will acquire Brasil Kirin Holding SA, one of the largest beer and soft drinks producers in Brazil, for 664 million euros ($704 million). Heineken said it will become the second largest beer company in Brazil after the deal. 
    - 13 Feb 17, 4:07pm -
  • Sensex ends nearly flat; Bank of Baroda drags

    Sensex ends nearly flat; Bank of Baroda drags

    REUTERS - Indian shares ended nearly flat on Monday, as losses in financials such as Bank of Baroda Ltd and telecom company Idea Cellular Ltd offset gains in IT stocks. The BSE Sensex rose 0.06 percent to 28,351.62. The broader NSE Nifty rose 0.13 percent to 8,805.05. (Reporting by Tanvi Mehta in Bengaluru; Editing by Gopakumar Warrier)
    - 13 Feb 17, 3:38pm -
  • Fake receipts at Glencore warehouse unit triggered sector credit freeze, Qingdao shivers - sources

    Fake receipts at Glencore warehouse unit triggered sector credit freeze, Qingdao shivers - sources

    By Melanie Burton MELBOURNE (Reuters) - Some global banks briefly froze credit lines for Singapore metal traders last month after a unit of commodities giant Glencore uncovered fake warehousing receipts, people familiar with the matter said, reviving the spectre of a $3 billion scandal that rocked the trading world three years ago. Two people who have metal storage dealings with Access World said the company told them the receipts were from a third party, not issued internally. "We checked with…
    - 13 Feb 17, 2:36pm -
  • Home sales crash 40 per cent after note ban

    Home sales crash 40 per cent after note ban

    The monthly average for home sales plummeted 40 per cent during November-December period in the top nine cities as customers put off their decision to buy homes in anticipation of a decline in prices post-demonetisation.
    - 13 Feb 17, 2:22pm -
  • Disappointing macro-data, profit booking drag equities lower
    Mumbai, Feb 13 (IANS) Disappointing domestic macro-economic data, along with below-than-expected quarterly results and profit booking, dragged the Indian equities markets lower during the mid-afternoon trade session on Monday.
    - 13 Feb 17, 1:38pm -
  • India needs 1.5 million tonnes of sugar imports in 2017 - trade group

    India needs 1.5 million tonnes of sugar imports in 2017 - trade group

    By Maha El Dahan DUBAI (Reuters) - India, the world's biggest consumer of sugar, will likely need to import around 1.5 million tonnes of the sweetener this 2016/2017 season, the chairman of one of the country's sugar trade associations told Reuters on Monday. "The timing of the imports will be settled by the government but I personally feel that around 1.5 million tonnes is enough," Praful Vithalani, the chairman of the All India Sugar Trade Association, said in an interview on the sidelines of…
    - 13 Feb 17, 1:11pm -
  • U.S. Senate expected to confirm Mnuchin as Treasury secretary

    U.S. Senate expected to confirm Mnuchin as Treasury secretary

    By David Lawder WASHINGTON (Reuters) - The U.S. Senate is expected to confirm former Goldman Sachs banker and Hollywood financier Steven Mnuchin as Treasury secretary on Monday, returning a Wall Street veteran to the top U.S. economic and financial job for the first time in eight years. Mnuchin's appointment to Treasury signals the Trump administration's trust in bankers and other senior business executives after Democrat Barack Obama launched his presidency with career regulator Timothy Geithne…
    - 13 Feb 17, 11:55am -
  • Exports prop up Japan Q4 GDP growth, U.S. protectionist risks loom

    Exports prop up Japan Q4 GDP growth, U.S. protectionist risks loom

    By Tetsushi Kajimoto and Stanley White TOKYO (Reuters) - Japan's economy grew for a fourth straight quarter in the final three months of last year as a weaker yen supported exports, but tepid private consumption and the risks of rising U.S. protectionism cast doubts over a sustainable recovery. Japan's export-driven growth over the quarter has helped fill the economic shortfall left by anaemic domestic demand, but accompanying this tailwind are concerns Japan's persistent trade surplus with the…
    - 13 Feb 17, 10:08am -
  • Quarterly results, rupee movement to drive equities markets
    Mumbai, Feb 12 (IANS) Macro-economic inflation data, amidst the last batch of third quarter results, along with global cues are expected to chart the movement of the equities markets during the upcoming week. "Investors are expected to closely follow cues such as the quarterly results and the domestic economic data during the upcoming week and the price movement of the Indian rupee," Dhruv Desai, Director and Chief Operating Officer of Tradebulls, told IANS. "Indian equity markets are likely to…
    - 12 Feb 17, 4:40pm -
  • India to merge commodity boards to boost output, exports

    India to merge commodity boards to boost output, exports

    The five commodity boards, a few of which were established way back in 1940s, are responsible for production, development and export of tea, coffee, rubber, spices and tobacco. A merger of these boards could help in harmonising their activities and boost exports. The Coffee Board, which is a statutory organisation, was constituted under the Coffee Act, 1942.
    - 12 Feb 17, 3:22pm -
  • Monsieur Brexit: EU's Barnier braces for baffling Brits

    Monsieur Brexit: EU's Barnier braces for baffling Brits

    By Alastair Macdonald BRUSSELS (Reuters) - Michel Barnier has a dealmaker's flair for gauging what the other side can accept but as Theresa May prepares to launch Brexit negotiations some EU officials wonder if Brussels' man can really figure out what she wants. "He's very good at working out what people want, where the landing zones are to get them to agreement," said one of several people who have worked with Barnier and spoke to Reuters about the EU's chief Brexit negotiator. "He reads a room…
    - 12 Feb 17, 2:11pm -
  • Is Trump all Bad News for India?
    Hinging heavily on a protectionist rhetoric Donald Trump rode to power in the US presidential elections. India, along with other developing nations in Asia, watched with trepidation and in no time felt the first aftershock – a massive outflow of funds from its bourses with investors betting big in the US markets on hopes that Trump would revive the nation’s economy big time. In his resolve to “bring jobs back to America,” Trump has initiated an overhaul of the existing visa programmes to…
    - 12 Feb 17, 3:24am -
  • Bird flu hits poultry markets in major Chinese city - media

    Bird flu hits poultry markets in major Chinese city - media

    Authorities in China's third-largest city warned that about 30 percent of its live poultry markets were contaminated with the H7N9 avian flu virus, as an eastern province ordered markets to shut, state media reported on Saturday. East China's Zhejiang province has ordered all markets across the province to halt live poultry trade on Saturday over bird flu concerns, state media Xinhua reported citing the province's Center for Disease Control and Prevention. In January, Zhejiang reported 35 infect…
    - 11 Feb 17, 10:27pm -
  • SEBI evolving as per the economy's needs: Jaitley
    New Delhi, Feb 11 (IANS) Union Finance Minister Arun Jaitley on Saturday credited securities market regulator SEBI for being a professional organisation which has been evolving as per the needs of the economy. Jaitley's comments on the evolution of SEBI's role came after he addressed its Board at a post-Budget meet. "SEBI is a professional organisation with considerable experience," Jaitley said adding that it has been evolving as per the needs of the economy and the markets.
    - 11 Feb 17, 9:02pm -
  • Indian rupee hits 14-week high against US dollar; tax collections rise

    Indian rupee hits 14-week high against US dollar; tax collections rise

    Buoyed by increased buying in debt and equity by foreign investors, the Indian rupee gained to hit a 14-week high against the US dollar on Friday. The domestic currency closed at 66.85 to the greenback. Foreign portfolio investors (FPIs) have been sustained buyers of both debt and stocks over the past few trading sessions, except on certain days. Direct and indirect tax collections for the 10-month period ending January 2017 increase by 10.8 percent and 23.9 percent, respectively.
    - 11 Feb 17, 4:59pm -
  • Infosys CEO Vishal Sikka to meet global investors; former board member Marti G Subrahmanyam signals interest to 'help'

    Infosys CEO Vishal Sikka to meet global investors; former board member Marti G Subrahmanyam signals interest to 'help'

    Vishal Sikka, CEO and MD of Infosys, will be the most-watched man on Monday (February 13) when he speaks at the Kotak conference. Apart from retail shareholders, institutional investors will be keen to listen to him even as the Indian IT services firm faces a tough battle involving the management and the founders. "Dr. Vishal Sikka, CEO & MD – Infosys will deliver a key note address at the Kotak's Chasing Growth Conference, on February 13 at 10.00 am IST.
    - 11 Feb 17, 2:47pm -